Mnangagwa to use Presidential powers to nab cash barons

These changes and adjustments are already being done, and will continue to be done until Government plays its own part in stabilising the economy by living strictly within its means.

But balancing books in the public sector cannot atone for the wanton criminality in the currency market which I have outlined above.

We need to show all offenders that crime does not pay, but that it is painfully paid for by way of compounded grief it visits upon all such offenders.

Accordingly, I have now instructed the Minister of Justice, Legal and Parliamentary Affairs to work closely and expeditiously with the Attorney-General in order to produce a new set of regulations which will be promulgated under temporary law-making powers which I, as President, am allowed by the Constitution.

These regulations will remain in force for a statutory period of six months, during which a Bill will have to be processed for consideration by our legislators.

We face a challenge which requires unity of purpose on the part of the three pillars of the State namely, the executive, the legislature and the judiciary.

We have to end this menace which now threatens the very fabric of our economy and society.

Like I said, there will be a raft of other interventions which, for obvious reasons, I am not at liberty to disclose.

Those who walk the straight and narrow need not fear.

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